Question

please do the balance sheet.

Analyzing, Forecasting, and Interpreting Both Income Statement and Balance Sheet Following are the income statements and balance sheets of General Mills, Inc. Income Statement Fiscal Years Ended ($ millions) Net Sales Cost of sales Selling general and administrative expenses Divestitures (gain). net Restructuring, impairment and other exit costs Operating income Interest, net Earnings before income tax expense and equity in income of affiliates Income tax expense After-tax earnings from joint ventures Net earnings including noncontrolling interests Net earnings attributable to noncontrolling interests Net earnings attributable to General Mills May 29, 2011 May 30, 2010 $ 14,880.2 $14,635.6 8.926.7 8.835.4 3.192.0 3.162.7 (17.4) 31.4 2.774.5 2.606.1 346.3 401.6 2,428.2 2,204.5 721.1 771.2 101.7 1.803.5 1.535.0 5.2 $ 1.793.3 $ 1.530.5

information on photo #2 continues on photo #3 and so on. everything is captured.

Answer 1

Balance Sheet

Particulars	Amount ($ in millions)
ASSETS
Cash and Cash Equivalent	5089.9
Receivables	1218.7
Inventories	1687.4
Deferred Income taxes	31.2
Prepaid Expenses and other CA	500
Total Current assets	9290.2
Land, Building and other equipment	3198.5
Good Will	6750.8
Other Intangible assets	3813.3
Other Assets	906.2
Total Assets	$19758.7
Liabilities and Equity
Liabilities
Accounts Payable	1046.8
Current portion of Long-term debt	733.6
Notes payable	311.3
Other Current Liabilities	1390.5
Total Current Liabilities	3482.2
Total Long term Debt	5542.5
Deferred Income taxes	1187.4
Other Liabilities	1812.4
Total Liabilities	12024.5
Equity
Common stock	75.5
Additional Paid up Capital	1319.8
Retained Earnings (60% of net income)+ P.Y. figure	10307.6
Common Stock in treasury	(3210.3)
Accumulated and other comprehensive losses	(1010.8)
Total Shareholders' Equity	7481.8
Non Controlling Interest ( 246.7+5.7)	252.4

Total Equity	7734.2
Total Liabilities and Equity	$19758.7

All the conditions have been followed to reach the Balance sheet as desired. The equity is presumed as no change except the retained earnings post the dividend(@40%) out of the Net income attributable to General Mills 1879.3$.

Notes payable is presumed to have no change in absence of info.

The Land and Building and other equipment is added by 4.4% (of Net sales) to the PY(Previous Year) Figure and then Deperciation of 20.7% is charged.

Cash is the Balancing Figure of the balance sheet.